Summary
If you make 700,001,120 ₫ a year living in Vietnam, you will be taxed 191,250,418 ₫. That means that your net pay will be 508,750,702 ₫ per year, or 42,395,892 ₫ per month. Your average tax rate is 27.3% and your marginal tax rate is 37.4%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 ₫ in your salary will be taxed 37.35 ₫, hence, your net pay will only increase by 62.65 ₫.
Bonus Example
A 1,000 ₫ bonus will generate an extra 627 ₫ of net incomes. A 5,000 ₫ bonus will generate an extra 3,133 ₫ of net incomes.